I quite agree with you LoCo (BOH still has potential - but see my entry re easyJet - ex-Jet2 / Chanex staff might be able to seek employment there)
My definition of a LCC is one where they maintain a strict control of costs (ensuring only one aircraft type) and strive for lower fares and maximum growth... by operating aircraft with the lowest seat mile cost, by operating into unconstrained airports and by making sure reliability is unmatched. By growing the carrier aggressively you can continually reduce costs on new routes/sectors by the ever diminishing overheads per sector... stagnant airlines will become less and less competitive - and if Jet2 dont start ordering new planes (because there are no cheap used ones left) they face this stagnation
is that ok?